Mathematics
Mathematics, 04.04.2020 16:45, TombRaider167

Melisa has recently inherited $15,000 that she wants to deposit into a savings account for 10 years. She has determined that her two best bets are an account that compounds annually at a rate of 3.95% and an account that compounds continuously at an annual
rate of 3.85%. How much interest could Melisa gain after 10 years if she chooses the 3.85% account?
A. $22,097.15
B. $22,044.21
C. $7,097.15
D. $7,044.21
E. None of them

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:30, elysabrina6697
Write each fraction as an equivalent fraction with a denominator of 120then write the original fractions in order from samllest to largest
Answers: 3
image
Mathematics, 22.06.2019 00:00, Kaitneedshelps
Determine the function’s value when x = -1 a. g(-1)=-3 b. g(-1)=0 c. g(-1)=1 d. g(-1)=27
Answers: 2
image
Mathematics, 22.06.2019 01:40, ptanner706
Ahigh-altitude spherical weather balloon expands as it rises, due to the drop in atmospheric pressure. suppose that the radius r increases at the rate of 0.02 inches per second, and that r = 36 inches at time t = 0. determine the equation that models the volume v of the balloon at time t, and find the volume when t = 360 seconds. v(t) = 4π(0.02t)2; 651.44 in3 v(t) = 4π(36 + 0.02t)2; 1,694,397.14 in3 v(t) = four pi times the product of zero point zero two and t to the third power divided by three.; 4,690.37 in3 v(t) = four pi times the quantity of thirty six plus zero point zero two t to the third power divided by three.; 337,706.83 in3
Answers: 1
image
Mathematics, 22.06.2019 03:40, isaloopsy
Which of the following is an arithmetic sequence
Answers: 1
Do you know the correct answer?
Melisa has recently inherited $15,000 that she wants to deposit into a savings account for 10 years....

Questions in other subjects:

Konu
English, 30.09.2019 22:00
Konu
Mathematics, 30.09.2019 22:00